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Updated almost 10 years ago, 02/26/2015

User Stats

152
Posts
17
Votes
Mark Boek
Pro Member
  • Rental Property Investor
  • Greenwood, MO
17
Votes |
152
Posts

$3000 Down For Fully Occupied Kansas City Triplex - Subject To - Existing Loan Stays in Place

Mark Boek
Pro Member
  • Rental Property Investor
  • Greenwood, MO
Posted

Down payment reduced! Cash-flow from day-1 with this well maintained, fully rented 3 unit property in Kansas City / Independence, Mo - Existing mortgage stays in place, take over payments!


1600 Appleton Ave
Independence, Mo 64052

See more pictures at http://win3propertylistings.com/view.php?item=3280...

Purchase Price: $76,000.00


$8922.92 Net Operating Income after 5% vacancy, 10% Mgmt, 10% Mntnc, Utilities, Insurance, & Taxes

$3,000.00 Down Pmt

Existing Mortgage Terms: 20 years remaining on loan

7.25% Interest

Monthly payment: 724.80 PITI

No Balloon

Fully rented

1 -- 2 bedroom unit which rents for 450

2 -- 1 bedroom units, one rents for 475 and one for 350

Tenants are currently receiving a discount off of market rents.

Unit A and back house (Unit B) have washer/dryer hookups. Back house also has washer and dryer

Unit B has private garage

Units A and C have off street parking

Vinyl windows have been installed.

Sellers Disclosures are available

Tenants pay gas / electric

Owner pays water and trash

Built 1930

.16 acre per Jackson County website

2014 Taxes: $1089.26 per Jackson County website

Independence schools -per Independence Schools website

Thanks,

Mark Boek

816-401-3544

owner agent

  • Mark Boek
  • Offering

    Loading replies...